Lazard LTD.logged a 0.7% change during today's morning session, and is now trading at a price of $34.3 per share. The S&P 500 index moved 0.2% and the Dow Industrial Average posted a 0.0% change. LAZ's trading volume is 18,088 compared to the stock's average volume of 766,142.
Lazard LTD. trades -8.7% away from its average analyst target price of $37.57 per share. The 7 analysts following the stock have set target prices ranging from $29 to $56, and on average have given Lazard LTD. Lazard LTD. a rating of hold.
Anyone interested in buying LAZ should be aware of the facts below:
-
Lazard's Graham number (a purchase price with a built-in margin of safety) is $26.4, which is 29.9% away from its current price
-
Lazard has moved -22.8% over the last year, and the S&P 500 logged a change of -16.2%
-
Based on its trailing earning per share of 4.88, Lazard LTD has a trailing 12 month Price to Earnings (P/E) ratio of 7.0 while the S&P 500 average is 15.97
-
LAZ has a forward P/E ratio of 10.3 based on its forward 12 month price to earnings (Eps) is $3.33 per share
-
The company has a price to earnings growth (PEG) ratio of 1.26 -- a number near or below 1 signifying that Lazard LTD is fairly valued compared to its estimated growth potential
-
Its Price to Book (P/B) ratio is 5.4 compared to its sector average of 1.95
-
Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America.
-
Based in Hamilton, the company has 3,390 full time employees and a market cap of $2,946,898,176. Lazard currently returns an annual dividend yield of 5.6%.
